UNIVASTU India Limited has secured a substantial contract worth ₹9 crore from the Sports Authority of Gujarat for the installation of Myrtha Pools. This significant business win marks an important milestone for the infrastructure company as it expands its footprint in the sports infrastructure development sector.

Contract Details

The comprehensive agreement encompasses the complete installation of Myrtha Pools facilities for the Sports Authority of Gujarat. The project timeline has been established at 12-18 months for full completion, indicating the substantial scope and complexity of the undertaking.

Project Significance

This contract represents a notable expansion of UNIVASTU's operations into specialized aquatic infrastructure development. The partnership with the Sports Authority of Gujarat positions the company to deliver advanced pool technology and installation services for state-level sports facilities. Myrtha Pools are known for their innovative modular construction technology, which allows for faster installation and superior performance characteristics compared to traditional pool construction methods.

Business Impact

The ₹9 crore contract adds substantial value to UNIVASTU's order book and demonstrates the company's capability to secure significant government contracts in the infrastructure sector. The extended timeline of 12-18 months provides revenue visibility for the company over the medium term, while establishing its credentials in the specialized sports infrastructure segment.

This development showcases UNIVASTU's diversification into high-value infrastructure projects and its ability to work with state government entities on specialized construction and installation projects.

Univastu India has secured a major infrastructure contract worth ₹391.76 crores from Larsen & Toubro for electrical and mechanical work on Mumbai Metro Line 4. This significant order represents a substantial business win for the company in the rapidly expanding Mumbai metro network. The company currently has a market capitalization of ₹252.99 crores.

Project Scope and Timeline

The comprehensive work order encompasses electrical and mechanical tasks essential for the Mumbai Metro Line 4 infrastructure. The project timeline has been set at 100 weeks for completion, indicating the substantial scope and complexity of the undertaking.

Maintenance and Service Obligations

The contract structure includes extended service commitments beyond the initial construction phase. Following project completion, Univastu India will be responsible for a 2-year defect liability period, ensuring quality and performance standards are maintained.

Subsequent to the defect liability period, the company will provide 5 years of maintenance services. This long-term engagement demonstrates the client's confidence in Univastu's technical capabilities and service delivery standards.

Strategic Significance

This order reinforces Univastu India's position in the infrastructure development sector, particularly in metro rail projects. The Mumbai Metro Line 4 project represents critical urban transportation infrastructure, and the company's selection for electrical and mechanical systems highlights its technical expertise in complex transit projects.

The substantial contract value and extended service period provide revenue visibility and strengthen the company's order book. The project aligns with India's ongoing urban infrastructure development initiatives and the expansion of metro rail networks across major cities.